Fix Assignments of Benefits Now March 6, 2019 By Patrick Wraight I recently received an email from a Florida “snow bird”. If you’re not familiar with the term, it refers to...
Florida’s Citizens Approves Changes to Managed Repair Program to Stem AOB Abuse April 12, 2018 By Amy O'Connor Citizens Property Insurance Corp. has approved a slate of policy language changes designed to protect consumers while addressing rising costs...
Demotech Affirms ‘A’ Ratings of Florida Insurers April 4, 2018 By Amy O'Connor Demotech will not downgrade any of the 16 Florida homeowners insurers that it said earlier this year could face financial...
Demotech Holds-Off on Affirming ‘A’ Ratings for 16 Florida Insurers February 28, 2018 By Amy O'Connor A company that rates many Florida property/casualty insurers believes hurricane losses and assignment of benefits litigation during 2017 could affect...
Just a Few Thoughts About Assignments of Benefits January 17, 2018 By Patrick Wraight You may have figured out that I like to watch the insurance news. I mean, I work for the company...
Assignment of Benefits Abuse Tops Florida News for 2017 December 29, 2017 By Amy O'Connor Florida’s ongoing battle with assignment of benefits (AOB) claims abuse was not a new topic in 2017, but it was...
Florida’s Citizens Expects Policy Count Increase in 2018, Plans Claims System Upgrade December 20, 2017 By Amy O'Connor Citizens Property Insurance Corp., the Florida state-run insurer of last resort, is anticipating its policyholder count will increase in 2018...
A.M. Best: Hurricane Irma to Test Florida Market Newbies September 18, 2017 Although insured losses as a result of Hurricane Irma will not be as severe as originally forecast, the storm still...
Florida on Alert for AOB Abuse as Irma Recovery Begins September 13, 2017 By Amy O'Connor As Florida residents return home after being evacuated by Hurricane Irma, the pressure is on the insurance industry to keep...
Florida Regulators Set Date for Citizens Public Rate Hearing August 15, 2017 The Florida Office of Insurance Regulation (OIR) announced it will conduct a rate hearing on Aug. 31, 2017 to receive...